Metropolitan Statistical Area (MSA):
Clarksdale, MS is a Metropolitan Statistical Area (MSA) comprising counties including Coahoma County.
There is no doubt that the Clarksdale, MS metropolitan statistical area (MSA) has been hit hard by the housing market crash of 2008. However, there are signs that the market is beginning to rebound. Home sales have increased for three consecutive years, and prices are starting to creep up as well.
Investors are starting to take notice of Clarksdale again, and many are buying up distressed properties in hopes of flipping them or renting them out. This is helping to drive up prices and spur new construction.
The job market in Clarksdale is also improving, which is another key factor in the housing market recovery. More people working means more people who can afford a mortgage and buy a home.
All in all, it seems that the worst may be over for the Clarksdale housing market. Prices are rising, sales are increasing, and new construction is happening again. It's a good time to buy a home in Clarksdale!
|38767||44||7.8||America/Chicago||34.14049||-90.78472||Rena Lara||Coahoma County||Mississippi|
|38631||1,477||124.2||America/Chicago||34.36387||-90.61971||Friars Point||Coahoma County||Mississippi|